2017-2018 MPI PUB Hearing – CMMG Transcript

CMMG lawyer Raymond Oakes recently presented at the Manitoba PUB hearings on October 19, 2016 and October 25, 2016 regarding MPI. Below are the links to download the full PDF transcripts from the PUB site. They are quite long and in dept (too long to post here) but very much worth the read.

CMMG recommends everyone give these a good read as there is some great information and it really shows just how much work Mr. Oakes is putting into the fight on CMMG’s behalf.

October 19, PUB hearing – CMMG Transcript – Link

MR. RAYMOND OAKES: And we see in 
21 those two Roman numerals, I and II, further 
22 explanation of the general statement about the 
23 increase driven by higher claim costs and a negative 
24 financial climate. And there, Mr. Johnston, you see 
25 that they're further described as: 
1 "...an increase in comprehensive 
2 claims forecast driven by higher 
3 than expected hail claims, and 
4 overall -- and higher overall 
5 comprehensive severity growth in 
6 2015/'16." 
7 Do you see that as the corp – 
8 Corporation's rationale? 
9 MR. LUKE JOHNSTON: I do. 
10 MR. RAYMOND OAKES: And then secondly 
11 the other item, the deterioration in forecasted 
12 investment income. Is that correct, sir? 1
3 MR. LUKE JOHNSTON: That's correct. 
14 MR. RAYMOND OAKES: So just staying 
15 with that first bullet then, you'll agree with me that 
16 this rationale doesn't relate to the need to extract 
17 more money from motorcyclists. 
18 Is that correct? 
19 MR. LUKE JOHNSTON: The first bullet 
20 point on comprehensive claims, motor -- motorcycles do 
21 not have comprehensive coverage as part of Basic, so, 
22 correct, this is unrelated to motorcycles. 
23 MR. RAYMOND OAKES: And certainly the 
24 motorcycles aren -- aren't out in wintertime. And 
25 their experience, their losses, are mostly PIPP and 
1 not physical damage. 
2 Is that correct, sir? 
3 MR. LUKE JOHNSTON: That's correct. 
4 Injury claims are about 85 percent of their loss 
5 costs.

October 25, PUB hearing – CMMG Transcript – Link

MR. RAYMOND OAKES: Thank you for
25 that. If we can take a peak at CMMG Exhibit number
1 10, and last year we'd asked the Corporation to
2 compare the budgeted amounts for wildlife collision
3 initiatives with seatbelt and distracted driving
4 safety initiatives by comparing the budgeted amounts
5 for each of these road safety concerns with the
6 estimated losses.
7 The Corporation responded that that was
8 not possible at that time. The Corporation had
9 tentative plans in 2016/'17 for a costing study that
10 may be used for, or in the future for estimating the
11 losses attributed to distracted driving.
12 Where are we at with respect to being
13 able to answer that question, and the budgeted amounts
14 for those initiatives?